United Fire Group (NASDAQ:UFCS) Updates Q4 2019 After-Hours Earnings Guidance

United Fire Group (NASDAQ:UFCS) issued an update on its fourth quarter 2019
After-Hours earnings guidance on Thursday morning. The company provided earnings per share guidance of -0.95–0.91 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $-0.14. United Fire Group also updated its FY 2019
After-Hours guidance to 0.56-0.60 EPS.

NASDAQ UFCS traded down $1.63 on Friday, hitting $44.91. 145,126 shares of the stock traded hands. The business’s fifty day moving average is $45.00 and its two-hundred day moving average is $45.52. United Fire Group has a 12 month low of $40.86 and a 12 month high of $55.03.

UFCS has been the subject of several research reports. ValuEngine raised United Fire Group from a hold rating to a buy rating in a report on Wednesday, November 6th. BidaskClub raised United Fire Group from a sell rating to a hold rating in a report on Wednesday, January 8th.

In other United Fire Group news, COO Michael T. Wilkins sold 8,789 shares of the stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $43.46, for a total transaction of $381,969.94. 6.66% of the stock is currently owned by corporate insiders.

United Fire Group Company Profile

United Fire Group, Inc, together with its subsidiaries, provides property and casualty insurance for individuals and businesses in the United States. The company offers commercial and personal lines of property and casualty insurance, as well as assumed reinsurance products. Its commercial policies include fire and allied lines, other liability, automobile, workers' compensation, and surety coverage; and personal lines comprise automobile, and fire and allied lines coverage, including homeowners.

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